Paper stocks lose; Shree Rama down by 7.33%

Following are the Paper stocks which are losing on the bourses:

Jan 30, 2017 02:01 IST India Infoline News Service

While Monday has turned out to be a dull day for the markets, Idea and Bharti Airtel are buzzing on the bourses, with Idea gaining more than 25% on an intraday basis. However, other sectors are losing their sheen, and majorly Paper stocks are trading flat to negative.
 
Following are the Paper stocks which are losing on the bourses:
 
Seshasayee Paper & Boards Ltd., is trading at Rs 735 per share, down by Rs 13.20 per share or 1.76%, while the stock could not even touch its previous close.
 
Shree Rama Newsprint Ltd., is trading at Rs 33.50 per share, down by Rs 2.65 per share or 7.33%.
 
Shreyans Industries Ltd., is trading at Rs 111.80 per share, down by Rs 2.10 per share or 1.84%.
 
International Paper APPM Limited is trading at Rs 317.75 per share, down by Rs 5.15 per share or 1.59%.
 
Stock View:
 
Seshasayee Paper & Boards Ltd is currently trading at Rs 722, down by Rs 26.2 or 3.5% from its previous closing of Rs 748.2 on the BSE.
 
The scrip opened at Rs 744.45 and has touched a high and low of Rs 745 and Rs 716.5 respectively. So far 4940(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 943.48 crore.
 
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 840 on 07-Nov-2016 and a 52 week low of Rs 196 on 09-Feb-2016. Last one week high and low of the scrip stood at Rs 775 and Rs 735 respectively.
 
The promoters holding in the company stood at 42.65 % while Institutions and Non-Institutions held 24.84 % and 32.51 % respectively.
 
The stock is currently trading above its 50 DMA.

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